child paying keep/rent

Person_one

onlyroz wrote: »

I know that I could rent out my spare room for £400 a month to a stranger - and so I'd probably rent it out to my own adult child for £200 a month if they were on NMW and £300 a month if they were earning more. If they didn't like this then I'd direct them towards spareroom.com.

Would your relationship with your child become like landlord/lodger though?

There's an unspecifiable value/cost to living with family compared to independently in a shared place.

schwam66

knithappens wrote: »

My 18 year old daughter has just finished college and got her first full time job.

I am not in a finacial position to not allow her to pay rent/keep nor do I want to as I want to teach her financial responsibility and paying her way yet I don't want to be too lenient or too strict.
She is glad to have her own money, and will be taking over her mobile phone bill now she is earning and she wants to pay her own way also which is a bonus.

I know there was a thread a few years back about this but I cannot find it now.

For those with children at home how much do you charge keep in relation to their wage? Is it a set amount? A percentage?

Any information woudl be helpful so that I can discuss this with her and we can come to an agreement.

Thanks
Sharon

i agree with the phone but i wouldnt be charging my kid when they just turned 18....maybe if they were 25 and clearly leaching....the wisest thing you can do is let them save their money and they will leave you quicker(if thats what you want) but for me i certainly wouldnt be looking to charge my children rent.....

jaylee3

I think they should be paying something as soon as they start earning. If only a small amount.

Also it's important to remember that not everybody can afford to NOT charge their kids board money. Many people lose as much as 300 pound a month income (in tax credits and child benefit,) when their child leaves full-time education.

What's more, the adult child would have to pay if they lived elsewhere.

justjohn

our son pays £150 per month. (against my better judgement, I wanted £200). other half's decision


he is on a 20hr contract, he is 17. And chose the job out of preference rather than needs.


I did not want to get into a situation of subsidizing our sons life style choices.


I think £200 pound is reasonable and fair and does not even cover our/his share of bills for running this house. I don't think it is unreasonable for most people/sittuations.

jaylee3

justjohn wrote: »

our son pays £150 per month. (against my better judgement, I wanted £200). other half's decision

he is on a 20hr contract, he is 17. And chose the job out of preference rather than needs.

I did not want to get into a situation of subsidizing our sons life style choices.

I think £200 pound is reasonable and fair and does not even cover our/his share of bills for running this house. I don't think it is unreasonable for most people/sittuations.

I agree. Less than £50 a week for rent, electric, landline phone, sky tv, water rates, council tax, heating, laundry service, tv licence, home contents insurance, occasional lifts, (once a week,) and food (including meals cooked.)

Try getting THAT anywhere else!

justjohn

jaylee3 wrote: »

I agree. Less than £50 a week for rent, electric, landline phone, sky tv, water rates, council tax, heating, laundry service, tv licence, home contents insurance, occasional lifts, (once a week,) and food (including meals cooked.)

Try getting THAT anywhere else!

lol I did suggest to my partner I would give up Self employment and get a full time job. Then pay her 200 pound per week but she was not too keen on that lol


The situation with our son is unless he is pressured he will not do anything. Be it financial or work.


Its big wide world time and its time to smell the coffee lol

schwam66

neon_dannii wrote: »

Just depends on circumstances.

I pay nothing on the instruction that half of what I earn goes into savings. So that's what I do. 50% of my wage goes into savings every month and I'm very nearly on my way to having a deposit for a house.

My parents are very happy with this and I'm very grateful. I also help out with the chores around the house.

yeah this is how parents should be, i cant believe all the ppl on here saying they charge their kids rent!

schwam66

jaylee3 wrote: »

I think they should be paying something as soon as they start earning. If only a small amount.

Also it's important to remember that not everybody can afford to NOT charge their kids board money. Many people lose as much as 300 pound a month income (in tax credits and child benefit,) when their child leaves full-time education.

What's more, the adult child would have to pay if they lived elsewhere.

shouldnt be having kids then, i know me and my wife put the money we get off the government straight into their own savings account, i suppose were are fortunate to do that but for me its crazy to be on here and saying how much can i charge my 18 year old....surely you arent that hard up whats £80 a week really going to change in your life....where as an 18 year old kid thats like having a few hundred pounds...

if things are that tight then the best thing would be to persevere for a couple years while she gets a deposit together for a house....rather than taking from her now and putting her behind on the savings....

schwam66

justjohn wrote: »

I think £200 pound is reasonable and fair and does not even cover our/his share of bills for running this house. I don't think it is unreasonable for most people/sittuations.

seriously?? are you having lobster and caviar for supper and running 10 hot baths a day while leaving all the lights on while out??? how can £150 not be covering his side.....dont mean to come accross in a rude way but i am genuinely curious here how a 17 year old how i imagine is rarely there anyway can rack up so much.....my guess is food is the main factor here but again 17 year old i imagine he eats out with his friends quite a bit?

i would say at £150 your doing very well.....

jaylee3

schwam66 wrote: »

shouldnt be having kids then, i know me and my wife put the money we get off the government straight into their own savings account, i suppose were are fortunate to do that but for me its crazy to be on here and saying how much can i charge my 18 year old....surely you arent that hard up whats £80 a week really going to change in your life....where as an 18 year old kid thats like having a few hundred pounds...

Wow. What an incredibly naive and ignorant post!

And pretty bloody horrible too.